Health insurance is one of the biggest questions standing between you and leaving your job, and for a lot of families, it's the reason one spouse never does. In this episode, I welcome back Jordan Grumet, hospice physician, host of the Earn & Invest podcast, and author of Taking Stock, The Purpose Code, and his newest book, The Healthcare Heist.
Jordan lost his father, a physician, when he was seven and made it his mission to become a doctor like him. Once he got there, he burned out fast, and financial independence became his way out. He breaks down what healthcare really costs once you leave an employer plan, how long-term care can drain a family's assets, and how insurers, drug companies, and private equity have pulled money out of the system.
Jordan makes the case that real change starts when doctors and patients share their stories and push for reform together. Until then, there are practical steps you can take now, from appealing insurance denials to planning for long-term care early.
In this episode, Jordan Grumet shares:
Why healthcare is one of the biggest obstacles to financial independence and early retirement
The limits of ACA subsidies, health sharing ministries, Medicare Advantage, and Medigap plans
How long-term care costs, Medicaid spend-downs, and the five-year lookback affect families
Everyday ways to protect yourself, from appealing denials to choosing generics and physician-owned practices
What's New in the Paperback Edition of Your Journey to Financial Freedom:
A bonus chapter: When Life Happens: Staying on the Path to Financial Freedom Through Setbacks, Shifts, and Uncertainty
A book club and discussion guide with prompts, exercises, and action steps
Updated corrections from the original hardcover
Exclusive bonuses when you purchase the paperback, including:
The Fire Starter Course
The Find Your FIRE Number Worksheet
Other related blog posts/links mentioned in this episode:
Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Podden och tillhörande omslagsbild på den här sidan tillhör
Jamila Souffrant. Innehållet i podden är skapat av Jamila Souffrant och inte av,
eller tillsammans med, Poddtoppen.
